Out-Law / Your Daily Need-To-Know

Newham Council has granted planning permission to English Cities Fund (ECf) for the third phase of its £180 million plans to redevelop Rathbone Market in east London's Canning Town.

The approved plans include 216 homes, communal gardens and a pedestrian link as part of the scheme. The homes will be constructed within three blocks ranging up to 14 storeys high. 25% of the homes will be affordable. 

The third phase is the final element of the 680,000 square feet Rathbone Market redevelopment which will provide 652 homes in total. The wider scheme also includes new shops, a revitalised market, a library and community space. The first phase of the scheme has been completed and the second phase is currently under construction. 

ECf is a joint venture between Muse Developments, Legal and General Property and the Homes and Communities Agency.

“Phase three’s approval is a momentous occasion for us and we are extremely proud to say that we will soon complete the transformation of Rathbone Market," said ECf director Duncan Cumberland according to a report by Estates Gazette.

Cumberland said the developer hopes to start work on the third phase by the end of the year.

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